India’s rapidly expanding ethanol industry faces a glut of nearly seven billion litres due to domestic demand lagging behind increased capacity, prompting industry calls for flexible pricing and new markets including exports and alternative fuel uses. India’s ethanol industry is…
India marks significant rebound in its tourism industry, driven by infrastructure development, digital innovation, and showcasing its rich cultural heritage, as Defence Minister Rajnath Singh highlights a new momentum on World Tourism Day. World Tourism Day gave India’s government a…
IIT Madras’s Unicorn Frontier Fund-I reaches an early milestone with Rs 450 crore in initial funding, targeting for a total Rs 1,000 crore to back emerging science-led startups in sectors like space, quantum tech, and climate innovation. IIT Madras’s new…
Delhi’s industries department has introduced a wide-ranging support framework for MSMEs, startups, and entrepreneurs, aiming to simplify registration, finance, training, and export assistance, backed by new policies and a comprehensive scheme compendium. Delhi’s industries department has unveiled a wider support…
Hyundai Capital has officially launched its operations in India, aiming to tap into the country’s expanding vehicle market by initially focusing on dealer financing before extending services to individual consumers, marking a significant milestone in its global growth strategy. Hyundai…
India will sell 7.86 trillion rupees worth of bonds from October to March, with a new focus on longer-term securities and increased green bond issuance, as yields remain under pressure. India will raise 7.86 trillion rupees through bond sales from…
Passenger vehicle sales in India are expected to grow by 15-16% in September, driven by consumer demand and new model launches, though uneven monsoon rainfall may temper rural sales and dealer confidence shifts toward urban markets. Passenger vehicle retail sales…
Chief Minister Mohan Yadav announces a strategic push to diversify Madhya Pradesh’s economy by integrating tourism, renewable energy, and expansive land infrastructure, aiming to fast-track industrial development and attract investment. Madhya Pradesh is trying to widen its industrial base by…
The IIT Madras Research Park and Unicorn India Ventures have raised ₹450 crore in their first funding tranche for a new deep-tech investment vehicle, aiming to catalyse advanced technology start-ups across India’s most capital-intensive sectors. IIT Madras, the IIT Madras…
India could reach its Rs50,000 crore defence export goal by 2028, nearly two years earlier than planned, as overseas demand for Indian military hardware accelerates, driven by competitive pricing and expanded industrial capacity. India could reach its Rs50,000 crore defence…
Vedanta Group plans a significant investment in Odisha, featuring a 1,000-bed super-speciality hospital and a 2 million tonnes-a-year aluminium smelter, aiming to deepen regional infrastructure and job creation, while securing raw-material sources. Vedanta Group chairman Anil Agarwal has met Odisha…
The Reserve Bank of India has reinstated the nine-month deadline for exporters to repatriate foreign earnings, reversing a temporary relaxation, as part of a broader move to tighten compliance and stabilise the rupee amid external uncertainties. The Reserve Bank of…
